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The Internet Computer Attains A New Subnet Milestone

Share on X icon · Published 4 years ago on March 31, 2022 · Hassan Maishera

DFINITY, the development team behind the Internet Computer ecosystem, announced that it had completed the first update in its Chromium milestone.

The Internet Computer Attains A New Subnet Milestone

DFINITY, the development team behind the Internet Computer ecosystem, announced that it had completed the first update in its Chromium milestone. The proposal, dubbed “Nodes Can Be Reassigned to a Different Subnet” is complete, the team added. This implies that nodes can freely switch between subnets without redeployment. 

The Internet Computer is a layer-1 protocol that is developed by the DFINITY Foundation and aims to become a blockchain network that evolves the internet. This ‘internet computer’ intends to ‘extend the functionality of the public internet so that it can host backend software’ on a smart-contract compatible, distributed network.

ICP, the native token of the Internet Computer ecosystem, is up by more than 2% in the last 24 hours and is trading at $22.91 at press time. 

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.